Roseville, Minnesota Housing Market Prices
Roseville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 40% above the Minnesota median$331,458
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Median rent 7% above the Minnesota median$1,374
Housing Market Overview
| Metric | Roseville | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $331,458 | $236,718 | $248,835 |
| Price Trend (Annual %) | 3.5% | 6.6% | 7.5% |
| Median Gross Rent | $1,374 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Roseville is about 40% higher than in Minnesota. Rent is about 7% higher than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Roseville, up about 3.5% and 5.1% a year respectively. Rent is changing faster.
Median rent in Roseville rose about 52.9% between 2015 and 2024, from $899 to $1,374. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Roseville.
Buying the median-priced home in Roseville costs roughly 20.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Roseville. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Roseville | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $331,458 | $236,718 | $248,835 |
| Median Household Income | $87,831 | $89,852 | $80,455 |
| Price-to-Income Ratio | 3.8 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Roseville rose about 28.7%, while median household income rose about 57.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Roseville | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.1% | 65.5% | 58.5% |
| Rental Rate | 31.3% | 25.2% | 31.2% |
| Vacancy Rate | 6.6% | 9.3% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Roseville has a homeownership rate of 62.1%, lower than the Minnesota average of 65.5%. Its housing vacancy rate is 6.6%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Roseville | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1967 | 1976 | 1978 |
| Median Number of Rooms | 5.8 | 6.1 | 5.5 |
The typical housing unit in Roseville was built around 1967. On average, 2.2 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Roseville, Minnesota.
What is the median home price in Roseville, Minnesota?
The median home price in Roseville, Minnesota is $331,458, higher than the Minnesota average of $236,718.
What is the average home price in Roseville, Minnesota?
The typical home price in Roseville, Minnesota, reported as the median sale price, is $331,458. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Roseville, Minnesota?
The median gross rent in Roseville, Minnesota is $1,374 per month, higher than the Minnesota average of $1,280.
What was the median gross rent in Roseville in 2020?
In 2020, the median gross rent in Roseville, Minnesota was $1,092 per month.
What is the price-to-rent ratio in Roseville, Minnesota?
The price-to-rent ratio in Roseville, Minnesota is about 20.1, meaning it would take roughly 20.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Roseville.
Are home prices or rent rising faster in Roseville, Minnesota?
Both home prices and rent are rising in Roseville, up about 3.5% and 5.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Roseville, Minnesota?
62.1% of households in Roseville, Minnesota own their home, lower than the Minnesota average of 65.5%.
What is the vacancy rate in Roseville, Minnesota?
The housing vacancy rate in Roseville, Minnesota is 6.6%, lower than the Minnesota average of 9.3%.
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